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Saturday, August 24, 2013 1:45:24 AM
http://www.fas.org/sgp/crs/misc/R42760.pdf
This is what I have based my investment decisions off of. Old info but it will give you a lot of insight into FNMA's situation. The above link is the plan or guidelines for The GSA's currently. My bet is FNMA pays dividends out enough to cover the initial bailout by the end of the year. This of course does not take into account the treasury buying bundled mortgage bonds. I am no accountant, but I want to see how FNMA fairs for a quarter without that stimulus before I go all in. Anyway, best of luck to you all and I hope we see an impressive gain soon.
This is my opinion and ONLY My opinion. Please verify with your own Due Diligence.
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